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Binance Staking Launches Locked Staking Support for LTO. Receive Annualized Interest Rate of up to 10%
Binance
2020-08-06 12:33
Fellow Binancians,
Binance Staking is launching support for LTO Locked Staking at 2020/08/06 12:00 PM (UTC), where 7-day and 30-day locked staking products will be made available. Further details are below:
  • Locked Staking Format: First-come-first-served basis.
  • Interest Calculation Period: From 0:00 AM (UTC) on the day after locked staking is confirmed to the end of the corresponding product period.
  • Interest Payout Time: Immediately after maturity.
Offered Products (Instant Locked Staking)
Digital Assets
Term to Maturity
Individual Locked Staking Limit
Total Locked Staking Limit
Standard Annualized Interest Rate
Lot Size
LTO7 Days1,000,000 LTO10,000,000 LTO7%1,000 LTO
LTO30 Days1,000,000 LTO7,000,000 LTO10%1,000 LTO
Please note:
  • Users can view their locked staking assets by going to Wallets > Savings > PoS.
  • Once your tokens are locked-up using a Locked Staking product, your assets will no longer earn monthly staking rewards.
  • Locked Staking FAQ.
Thanks for your support!
Binance Team
2020/08/06
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